Mathematics · Compound Interest
What will be the amount after 1 year if ₹2,400 is invested at 20% compound interest per annum, compounded half-yearly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹2,460
- 2₹3,071
- 3₹2,950
- 4₹2,904✓
Correct answer
₹2,904
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